Bloomberg Money 7/10/2026

Summary

The episode covers the SK Hynix US IPO and its bullish implications for the AI memory chip cycle. Scarlett Fu highlights South Korea's KOSPI as the world's best-performing index. Former Fed Governor Randall Kroszner discusses inflation's gradual return to 2% and the breakdown of trust in the Fed driving interest in crypto and meme stocks. NewEdge Wealth CIO Cameron Dawson argues the bull market is sustained by 20% earnings growth, notes retail investors are all-in while institutions sit out, and recommends quality factor investing and private market diversification. Other segments touch on youth sports costs, women taking control of household finances, and upcoming economic data.

• SK Hynix ADR debuts on Nasdaq, with Chairman confident in memory cycle extending through decade and memory-as-a-service model.
• Mandeep Singh cites SK Hynix's 30% HBM market share and strong AI positioning.
• Scarlett Fu states South Korea is the epicenter of the AI trade, with KOSPI as the top global index.
• Cameron Dawson sees a bull market driven by 20% forward earnings growth, but notes retail equity allocations at all-time highs while institutions are underweight.
• Dawson advises favoring the quality factor, which historically adds return without added risk.
• Randall Kroszner expects inflation to approach 2% in 12-18 months and warns that loss of trust in the Fed fuels crypto and meme stock speculation.
• Youth sports has become a $40 billion industry with private equity involvement, raising costs.
• Upcoming data: CPI, PPI, retail sales, housing starts.